The Role Of The Fund Managers
THE ROLE OF THE FUND MANAGERS
The Fund Manager is responsible for
All investment- related Analysis, Evaluation and Due
Diligence of application for funding.
It's critical that the Fund Manager’s team has the qualified expertise and the skills set to review, analyze and evaluate the risk inherent in a potential investee company
The speed and the success of the Funding processes primarily depend on the Fund
Manager and Staff of the Venture finance company. The Fund managers of the VCFCs are the main drivers of the funding and disbursement processes.
Investment recommendations made by Fund Manager are either rejected or approved and ratified by the
Investment Committee of the Board of Directors of the respective VCFC.
Process and
Procedures of
Investments
Once an application is submitted the following process and procedures are initiated: Analysis, Evaluation and Due Diligence by Fund Manager
Initial (Desktop) Review: Review of business plan and other documentation including incorporation documents, Tax Clearance Certificate, etc. if the proposal is found to be viable then
Second Round Review: Verification of claim, Visit of facility, Authentication, Title search, etc.
Due Diligence- legal, Technical and Financial.
All these process are necessary because with venture investments no collateral or security is required against the investment. A Term Sheet is negotiable and if agreed by both Fund
Manager and Business Promoter, it is submitted to the
Investment Committee of the VCFC for decision.
The Term Sheet spells out: 1.Structure and method of financing to be provided to the investee company (Equity, quasi-equity or combination).
2 Responsibilities and obligations on both sides
3.Percentage of share ownership for the investment by the venture finance company.
The Investment Committee either approves or rejects the application.
If approved, Final Due Diligence to ascertain current status of the potential investee company. If there is no material change
The Fund Manager is responsible for
All investment- related Analysis, Evaluation and Due
Diligence of application for funding.
It's critical that the Fund Manager’s team has the qualified expertise and the skills set to review, analyze and evaluate the risk inherent in a potential investee company
The speed and the success of the Funding processes primarily depend on the Fund
Manager and Staff of the Venture finance company. The Fund managers of the VCFCs are the main drivers of the funding and disbursement processes.
Investment recommendations made by Fund Manager are either rejected or approved and ratified by the
Investment Committee of the Board of Directors of the respective VCFC.
Process and
Procedures of
Investments
Once an application is submitted the following process and procedures are initiated: Analysis, Evaluation and Due Diligence by Fund Manager
Initial (Desktop) Review: Review of business plan and other documentation including incorporation documents, Tax Clearance Certificate, etc. if the proposal is found to be viable then
Second Round Review: Verification of claim, Visit of facility, Authentication, Title search, etc.
Due Diligence- legal, Technical and Financial.
All these process are necessary because with venture investments no collateral or security is required against the investment. A Term Sheet is negotiable and if agreed by both Fund
Manager and Business Promoter, it is submitted to the
Investment Committee of the VCFC for decision.
The Term Sheet spells out: 1.Structure and method of financing to be provided to the investee company (Equity, quasi-equity or combination).
2 Responsibilities and obligations on both sides
3.Percentage of share ownership for the investment by the venture finance company.
The Investment Committee either approves or rejects the application.
If approved, Final Due Diligence to ascertain current status of the potential investee company. If there is no material change